ORBCOMM's change in inventory for the quarter that ended in Jun. 2021 was $2.7 Mil. It means ORBCOMM's inventory
declined by $2.7 Mil
from Mar. 2021 to Jun. 2021 .
ORBCOMM's change in inventory for the fiscal year that ended in Dec. 2020 was $10.0 Mil. It means ORBCOMM's inventory
declined by $10.0 Mil
from Dec. 2019 to Dec. 2020 .
ORBCOMM's Total Inventories for the quarter that ended in Jun. 2021 was $26.3 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ORBCOMM's Days Inventory for the quarter that ended in Jun. 2021 was 71.34.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ORBCOMM's Inventory Turnover for the quarter that ended in Jun. 2021 was 1.28.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
ORBCOMM's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.42.
ORBCOMM Change In Inventory Historical Data
The historical data trend for ORBCOMM's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ORBCOMM (NAS:ORBC) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ORBCOMM's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
ORBCOMM's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ORBCOMM Change In Inventory Related Terms
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ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
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